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Business
Ukraine seeks to strengthen anti-smoking legislation
KYIV, April 29 – The Cabinet of Ministers will propose to the Verkhovna Rada to strengthen anti-smoking legislation, in particular to introduce a number of bans on production, trade and import of cigarettes, as well as to equalize the status of electronic and conventional cigarettes.
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Ukraine finally gets new energy minister
KYIV, April 29 – Parliament voted on Thursday to approve Herman Halushchenko as Ukraine’s next energy minister, ending a period of 13 months when the key sector had been supervised by a caretaker minister.
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Naftogaz to boost total gas production by 71.5-bln cu m over 10 years
KYIV, April 28 – Naftogaz Group has presented the key projects to increase the total gas production for the next ten years by 71.5 billion cubic meters, during the online presentation "Assessment of Gas Production Industry Impact on the Ukrainian Economy," organized by the Association of Gas Producers of Ukraine on April 27.
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Plank Electrotechnic reports 30% growth in sales during China lockdown
KYIV, April 28 – The manufacturer of electric systems, Plank Electrotechnic LLC, in the Bila Tserkva industrial park (the project of UFuture Group of businessman Vasyl Khmelnytsky) has noted growth in production and sales by 20-30% a month amid problems with supplies of similar products from China and Turkey due to lockdown, Khmelnytsky said on its Facebook page. |
Naftogaz reports 2019 profits growing after Gazprom legal dispute payoff
KYIV, April 29 – The Naftogaz Ukrayiny Group in 2019 saw UAH 63.3 billion in net profit thanks to payment of $2.9 billion by Russia's Gazprom under the Gas Transit Award of the Arbitration Institute of the Stockholm Chamber of Commerce. The profit was UAH 51.7 billion more than in 2028 (a 5.5-fold rise year-over-year), the company has reported. |
United Mining-Chemical Company in turmoil amid management chaos
KYIV, April 28 – Vilnohirsk state mining and metallurgical combine (Dnipropetrovsk region) and Irshansk state mining and processing combine (Zhytomyr region), incorporated in United Mining-Chemical Company, have claimed the absence of operational guidance by the head office, threatening a failure to comply with international obligations and large fines. |
Mironivsky Hliboproduct repays $234 million of notes maturing in 2015
KIEV, April 29 – Mironivsky Hliboproduct (MHP) agroholding has repaid $234 million on its loan participation notes maturing in 2015.
"10.25% Senior Notes due 29 April 2015 in amount of $234 million are paid using syndicated loan facility of IFC (International Finance Corporation), a member of World Bank Group, which provided MHP with $200 million ($175 million from IFC and $25 million from ING), and the company's cash from operations," MHP announced in a statement published by the London Stock Exchange. |
Archive of Business
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Currencies (in hryvnias) |
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22.11.2024 |
prev |
USD |
41.29 |
41.25 |
RUR |
0.410 |
0.411 |
EUR |
43.47 |
43.56 |
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Stock Market |
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21.11.2024 |
prev |
PFTS |
507.0 |
507.0 |
source: PFTS |
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